S&P 500, Dow Jones, NASDAQ slip
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Wall Street mixed ahead of Jerome Powell's comments on rate-cut; Dow, S&P 500 hit record high
Wall Street's main indexes were mixed on Tuesday, with the Dow and the S&P 500 hitting record highs, as investors looked to Federal Reserve Chair Jerome Powell for clues on the rate-cut trajectory.
A familiar face was again the strongest force lifting the market, Nvidia. Wall Street’s most valuable company rose 3.9% after announcing a partnership to train and run OpenAI’s next generation of artificial-intelligence models. As part of the deal, Nvidia will invest up to $100 billion in OpenAI.
The Wall Street Journal is seeking to throw out Trump's defamation lawsuit over an article in the Journal about a birthday letter purportedly written by Trump to Jeffrey Epstein.
The Sept. 25 discussion was moderated by Penn Carey Law professor Eric Feldman and discussed Bok’s career in investment banking.
Wall Street was poised to open with losses again following consecutive days of declines that have brought markets off of record highs. Futures for the S&P 500 fell 0.3% before